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Wipro- Digital Banking Services

Vendor Analysis

by Andy Efstathiou

published on Apr 16, 2018

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Report Overview:

This NelsonHall assessment analyzes Wirpo'sofferings and capabilities in Digital Banking services. Wipro is one of a number of banking operations services companies analyzed in NelsonHall’s comprehensive industry analysis programs.  

Who is this Report for:

NelsonHall’s Digital Banking Services Vendor Assessment for Wipro is a comprehensive assessment of Wipro’s Digital Banking Services offerings and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of capital market process outsourcing and identifying vendor suitability for Digital Banking services RFPs
  • Vendor marketing, sales and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the support services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Digital Banking services offerings, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphases and new developments
  • Analysis of the company’s strengths, weaknesses and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization including the location of delivery locations.

Key Findings & Highlights:

This NelsonHall assessment analyzes Wipro’s offerings and capabilities in Digital Banking services. Wipro is one of a number of banking operations services companies analyzed in NelsonHall’s comprehensive industry analysis programs.

Overview

From the start, Wipro has focused its technology business on integration and development services. As part of those capabilities, it has built digital banking services capabilities. In 2014, Wipro built the HOLMES cognitive platform. In 2016, it began its digital banking services business by building capabilities in:

  • Digital design: with the acquisition of DesignIT and Cooper to create a proprietary digital design offering
  • Cloud application services: to facilitate the movement and management of data to the cloud
  • Crowdsourcing platform: a partnership with Topcoder to facilitate access to skilled digital software technology developers, on an as-needed basis.

Since then, Wipro has developed, acquired, and partnered with additional firms to expand its digital banking capabilities.

Table of contents:

Table of contents:

  • Background
  • Revenue Summary
  • Key Offerings
  • Delivery Capability and Partnerships
  • Pricing and Contract terms
  • Changes to Operations
  • Target Markets
  • Strategy
  • Strengths and Challenges
  • Strengths
  • Challenges
  • Outlook

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